4//SEC Filing
East Asset Management, LLC 4
Accession 0000950170-23-053799
CIK 0001814287other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 5:00 PM ET
Size
9.8 KB
Accession
0000950170-23-053799
Insider Transaction Report
Form 4
Pegula Terrence M.
DirectorCEO & President10% Owner
Transactions
- Other
Common Stock
2023-10-13+2,802,000→ 11,417,000 total(indirect: See footnotes)
East Asset Management, LLC
10% Owner
Transactions
- Other
Common Stock
2023-10-13+2,802,000→ 11,417,000 total(indirect: See footnotes)
East Sponsor, LLC
10% Owner
Transactions
- Other
Common Stock
2023-10-13+2,802,000→ 11,417,000 total(indirect: See footnotes)
Footnotes (3)
- [F1]On June 30, 2023, pursuant to that certain Agreement and Plan of Merger, dated as of August 30, 2022 (as amended, the "Merger Agreement"), by and among Abacus Life, Inc. (the "Issuer"), LMA Merger Sub, LLC, Abacus Merger Sub, LLC, Longevity Market Assets, LLC and Abacus Settlements, LLC, the Issuer completed its initial business combination. On October 13, 2023, each of Jay Jackson, Todd Sean McNealy, Kevin Scott Kirby and Matthew A. Ganovsky (each a "Transferor" and together, the "Transferors") and East Sponsor, LLC ("East Sponsor"), to achieve their intended allocation of shares under the Merger Agreement, entered into a Transfer Agreement under which each of the Transferors agreed to and did convey to East Sponsor, and East Sponsor accepted from each Transferor, free and clear of all encumbrances, 700,500 of their respective shares of Issuer's Common Stock.
- [F2]East Sponsor is the record holder of these securities. East Asset Management, LLC ("East Asset Management") is the managing member of East Sponsor. As a result, East Asset Management may be deemed to share beneficial ownership of the securities held by East Sponsor.
- [F3]Trusts controlled by Terrence M. Pegula are the sole members of East Asset Management. As such, Mr. Pegula may be deemed to share beneficial ownership of the securities held by East Sponsor. Mr. Pegula disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein.
Documents
Issuer
Abacus Life, Inc.
CIK 0001814287
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001793591
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 5:00 PM ET
- Size
- 9.8 KB